Small Business Innovative Research (SBIR) Contract

A type of contract designed to foster technological innovation by small businesses with 500 or fewer employees. The SBIR contract program provides for a three-phased approach to research and development projects: technological feasibility and concept development; the primary research effort; and the conversion of the technology to a commercial application.

Updated on
September 9, 2022
Published on
June 20, 2018
The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.
SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.
The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.
SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Best and Final Offer
For negotiated procurements...
Extraordinary Items
Additional expenses that are...
Acquisition
The acquiring of supplies or...
Income Statement
Shows the entity’s income and...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Certified 8(a) Firm
A firm owned and operated by socially and...
Primary Activity
The major business activity of...
Hardship Waiver
Method used to approve a...
GPM%
The measure of every sales dollar left...
SCORE
Counselors to America's Small Bus...
S-Corporation
A form of corporation, allowed by...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Companion File
When an applicant has another application filed...
Contracting Officer
A person with the authority to...

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